[Chart courtesy of MarketWatch.com] The markets bounced back in style this morning, with all the major indexes recovering a big chunk of Friday’s losses that were sparked by worries about the economy and those new tariffs from the Trump administration. After a rough end to last week—when weak jobs data, hot PCE inflation, and the final round of mixed earnings …
S&P 500, Nasdaq Set New Records Before Bears Crash The Party
[Chart courtesy of MarketWatch.com] Stocks got off to a hot start on Thursday, with Microsoft and Meta’s blockbuster earnings pushing the S&P 500 and Nasdaq to fresh record highs early on. Microsoft jumped 6% and Meta rocketed up 11.5% after both tech giants smashed expectations—Microsoft’s cloud business hit over $75 billion in annual revenue, and Meta posted both strong results …
Fed Sparks Swings As Strong GDP And Copper Tariffs Jolt Markets
(Incorrect Gold print) [Chart courtesy of MarketWatch.com] Stocks opened with a slight uptick as investors chewed over new earnings reports and waited for the Fed’s interest rate decision. Even a stronger-than-expected GDP print—showing the U.S. economy growing at a 3% clip last quarter, well above forecasts—wasn’t enough to distract Wall Street from the main events: rates, Fed policy, and ongoing …
Stocks Fade Late As Traders Brace For Fed, Jobs Data, And Earnings
[Chart courtesy of MarketWatch.com] The S&P 500 started the day flat after squeezing out another record high, but excitement was nowhere to be found and trading stayed muted. By the closing bell, all the major indexes had slipped into the red, as the market couldn’t muster much momentum. It’s a huge week for earnings, with the “Magnificent Seven” tech giants—Meta, …
Markets Tread Water Ahead Of Fed, Earnings, And Data Storm
[Chart courtesy of MarketWatch.com] The week started on a cautious note as the Dow, S&P 500, and Nasdaq all opened in positive territory, but by the end of the session, Wall Street turned in a “nothingburger” performance. Despite an early rebound, the Dow lost steam later and slipped back, joining the other indexes in delivering a pretty uneventful day. Traders …
Dow Slips As S&P And Nasdaq Barely Hold Early Gains
[Chart courtesy of MarketWatch.com] It was a turnaround kind of day for the markets. The S&P 500 and Nasdaq started strong—both riding early gains—while the Dow lagged, dragged down by IBM’s 10% tumble after missing revenue targets. Big moves from the tech giants shaped the action: Alphabet popped 2% after beating Q2 revenue estimates, giving a boost to both the …